Tableau Software (DATA) has risen sharply, recording gains of 8.84% in the past 4 weeks. However, the stock has corrected -1.37% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.99% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.06% and the 50-Day Moving Average is 7.87%.The 200 Day SMA reached 2.98%. Tableau Software, Inc. is up 4.96% in the last 3-month period. Year-to-Date the stock performance stands at -37.95%.
Tableau Software (NYSE:DATA): After opening at $58.35, the stock dipped to an intraday low of $57.84 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $58.75 and the buying power remained strong till the end. The stock closed at $58.46 for the day, a gain of 0.74% for the day session. The total traded volume was 637,194. The stocks close on the previous trading day was $58.03.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.